Country Australia's 'renaissance' continues with cost of living tipped to push more millennials to regions

  • 📰 abcnews
  • ⏱ Reading Time:
  • 39 sec. here
  • 21 min. at publisher
  • 📊 Quality Score:
  • News: 85%
  • Publisher: 83%

Migration News

Millennials,Regional Australia Institute,COVID-19

After swapping life in the city for sheep and a vegetable garden, the couple is running a thriving gin distillery. Demographers believe more people in their age bracket could make the move to country areas as lower property prices offer more opportunities.

When Will Fellows and Michael McLaughlin first moved to south-west Queensland in 2019, like many other millennials, they thought it would be temporary.

"We thought we'd value-add by going to the second line of production and make something delicious from those amazing products that we're growing in that area."Maranoa Regional Council Mayor Wendy Taylor said the venture helped boost the region's tourism credentials and was embraced by locals as a place of celebrations.

"But the opportunity for to afford to buy a home, in any part of rural and regional Australia would be far more accessible and affordable than it would be in Melbourne and Sydney." The University of Southern Queensland's Anthony Kimpton said data showed older millennials were often moving to mid-sized regional cities in inland regions, while younger millennials were still largely moving overseas.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in PROPERTY

Property Property Latest News, Property Property Headlines